Prepetition Revolving Credit Agreement definition

Prepetition Revolving Credit Agreement means that certain 364-Day Revolving Credit Agreement, dated as of August 16, 2018, by and among Weatherford International Ltd., the other borrowers party thereto, Weatherford International plc, the Prepetition Revolving Credit Agreement Agent, the Prepetition Revolving Credit Agreement Lenders, and the Prepetition Revolving Credit Agreement Collateral Agent, as amended, supplemented, or modified from time to time prior to the Petition Date.
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Prepetition Revolving Credit Agreement means the Amended and Restated Credit Agreement, dated as of December 19, 1997, among Pillowtex, the lenders party thereto, and Bank of America (individually, as an issuing bank and as administrative agent for the lenders), as subsequently modified, amended or supplemented, together with all instruments and agreements related thereto.
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Prepetition Revolving Credit Agreement means that certain $150 million revolving credit facility dated as of February 16, 1996 and December 28, 1997, as amended, between Paragon and a group of financial institutions, pursuant to which The Chase Manhattan Bank serves as agent.
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Examples of Prepetition Revolving Credit Agreement in a sentence

  • Each Holding Lender has the right pursuant to applicable state law, Section 10.08 of the Prepetition Revolving Credit Agreement and section 553 of the Bankruptcy Code to set off Prepetition Revolving Credit Agreement Obligations owed to such Holding Lender against the funds of the Debtor held in the accounts of such Holding Lender.

  • The amount of the Prepetition Revolving Credit Agreement Obligations owed to each Prepetition Revolving Lender as of the Petition Date is no less than the amount set forth in the table below.

  • Pursuant to the Prepetition Revolving Credit Agreement, the Prepetition Revolving Lenders made commitments to provide unsecured revolving loans and make letters of credit available to the Debtor in an aggregate amount not to exceed $500,000,000.

  • This perception was further confirmed in interviews in the Duma and Federation Council, 12 October.

  • To the extent not paid in full in Cash prior to the Effective Date, on the Effective Date, the Allowed Prepetition Revolving Credit Claims will, in full satisfaction, settlement, discharge and release of, and in exchange for, such Claims, be indefeasibly paid in full in Cash and the Prepetition Revolving Credit Agreement Liens will be deemed discharged, released, and terminated for all purposes without further action of or by any Person or Entity.

  • The setoff right of each Holding Lender is equal to the lesser of (i) such Holding Lender’s share of Prepetition Revolving Credit Agreement Obligations and (ii) the amount of Debtor funds held in the accounts of such Holding Lender on the Petition Date (such amount, in aggregate, or with respect to each Holding Lender’s respective share thereof, as applicable, the “Setoff Amount”, and such funds, the “Holding Lender Cash”).

  • None of the Borrower or any of its Subsidiaries will create, incur, assume or otherwise cause or suffer to exist or become effective any Lien on any Eligible Aircraft, Eligible Engines, or Eligible Inventory that secures any Indebtedness or any related guarantees (other than Liens to secure the Obligations, the Senior Note Indebtedness, the Indebtedness under the Prepetition Revolving Credit Agreement and the Indebtedness under the DIP Revolving Credit Agreement.

  • The outstanding principal amount under the Prepetition Revolving Credit Agreement is $316.74 million plus accrued and unpaid interest.The Prepetition Revolving Credit Agreement is secured by a junior lien on the current assets of Weatherford Parent and certain subsidiaries of Weatherford Parent.

  • As of the Petition Date, and without giving effect to this Interim Order, the Debtors are not aware of any liens or security interests over the Prepetition Collateral of the Prepetition Loan Parties having priority over the Prepetition Liens, except certain Permitted Liens (as defined in the Prepetition Revolving Credit Agreement).

  • The Prepetition Bank Claims shall be deemed Allowed Unsecured Claims as of the Petition Date in the respective principal amounts of (a) $70,563,189 (on account of the Prepetition Revolving Credit Agreement), and (b) $11,420,417 (on account of the Prepetition Line of Credit), plus postpetition interest thereon to the extent provided for pursuant to Section 7.4 hereof, and otherwise shall be disallowed.


More Definitions of Prepetition Revolving Credit Agreement

Prepetition Revolving Credit Agreement means that certain Credit Agreement dated as of December 11, 1997, as amended, among RBX, Chase as the agent thereunder and the Prepetition Lenders, pursuant to which the Prepetition Lenders provided a $25 million revolving credit facility to RBX Corp. and certain of the other Debtors.
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Prepetition Revolving Credit Agreement shall have the meaning assigned to such term in the recitals to this Agreement.
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Prepetition Revolving Credit Agreement means that certain Credit Agreement, dated as of May 2, 2013, among Borrower, the lenders from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent, lead arranger, book runner, syndication agent, and documentation agent.
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Prepetition Revolving Credit Agreement. Amended and Restated Credit Agreement, dated as of July 20, 2006, among the Borrower, GM Canada, Saturn, LLC (f/k/a Saturn Corporation), Citicorp USA, Inc., as administrative agent, and the lenders party thereto from time to time.
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Prepetition Revolving Credit Agreement means that certain Revolving Credit and Guaranty Agreement dated as of December 21, 2007 by and among Borrower, as borrower, Holdings and certain subsidiaries of Borrower, as guarantors, the lenders party thereto and WFCF, as administrative agent (as amended prior to the date hereof).
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Related to Prepetition Revolving Credit Agreement

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • First Lien Credit Agreement means the Credit Agreement, dated as of the Closing Date, among Holdings, the Borrower, the guarantors party thereto, the lenders party thereto, the other parties from time to time party thereto, and the First Lien Administrative Agent.

  • Second Lien Credit Agreement means that certain Second Lien Credit Agreement, dated as of December 30, 2020, among Vine Energy Holdings LLC, as borrower, the lenders from time to time party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc. as Administrative Agent (as defined therein) and Collateral Agent (as defined therein), as further amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time

  • Term Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • DIP Credit Agreement means the Senior Secured Superpriority Debtor-in-Possession Credit Agreement, dated as of April 1, 2009, among the Companies, the Investor and the other lenders and agents from time to time party thereto, after giving effect to all amendments, waivers, supplements, modifications and any substitutions therefor.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • New Credit Agreement means the Credit Agreement, dated as of the Issue Date, by and among Level 3 Parent, LLC, Level 3 Financing, Inc., Wilmington Trust, National Association, as administrative agent, the New Credit Agreement Agent and each lender party thereto from time to time, as may be amended, restated, supplemented or otherwise modified from time to time.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

  • Existing Credit Agreement as defined in the recitals hereto.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Exit Facility Credit Agreement means the credit agreement, in substantially the form attached to this Plan as Exhibit B or Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Debtors and the Required Consenting Creditors in the manner set forth in the Plan Support Agreement.

  • Revolving Credit means the credit facility for making Revolving Loans and issuing Letters of Credit described in Sections 1.1 and 1.2 hereof.

  • Revolving Loan Agreement means that certain Amended and Restated Loan and Security Agreement dated as of the date hereof by and among the Borrower, the lenders from time to time party thereto and the Revolving Loan Administrative Agent.

  • Revolving Credit Documents means the Revolving Credit Agreement and the Revolving Credit Collateral Documents.

  • Existing Revolving Credit Class shall have the meaning provided in Section 2.14(g)(ii).

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, Xxxxx Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • Refinancing Revolving Credit Commitments means one or more Classes of Revolving Credit Commitments hereunder that result from a Refinancing Amendment.

  • Bridge Credit Agreement means that certain Credit Agreement, dated as of December 24, 2018, by and among Parent Borrower, as Borrower, Citibank, N.A., as Agent and the other parties thereto.